The harsh truth is that there is no 'one-size-fits-all' approach to the great balancing act that is university life. Everyone is different and despite being obvious, the way time is allocated between independent study and social life will also look different. Some prefer more rigid time management, with every last second of their day planned out meticulously, while others prefer to be more flexible.
Prioritising your well-being is the kindest thing you can do for yourself.
However, please remember that no one has figured this out - don’t feel bad if you don’t get it immediately! Students everywhere have either been through or will be going through the balancing act. You are by no means the only one figuring this out and sometimes it just helps to know that everyone else is just as stressed out as you. A problem shared is a problem halved, so don't be afraid to reach out if you are struggling.
Especially at the start of an academic year, there can definitely be an intense feeling to push yourself to be meeting new people all the time for fear that you might miss out. But, I think we must also learn the importance of saying no. The fear of missing out (FOMO) has scared me into attending so many socials. It can be a powerful weapon that will either leave you realizing that stepping out of your comfort zone was exactly what you needed, or questioning what you were ever worried about missing in the first place.
It is okay to decline invitations or commitments if you feel overwhelmed or anxious. Prioritising your well-being is the kindest thing you can do for yourself. The same idea applies to studying and academics. No essay is worth tearing your hair out over. Don't feel guilty for taking breaks and remember to stop comparing yourself to others. We all work at various paces and beating yourself up over how much you study won't solve anything.
Ultimately, it all comes down to trial and error. An irritating and lengthy process that will no doubt follow you through your entire academic journey, but one that teaches you more about yourself than any lecture ever could.